- Prepare the University Annual Budget, inclusive of the Capital Investment Plan Budget for approval;
- Monitor the budget to ensure its proper execution by the departments/offices according to the rules and regulations of the University;
- Provide financial analysis and give relevant advice to users and the management;
- Prepare the statutory required returns to the Government according to the relevant legal requirement;
- Prepare financial reports for internal reporting;
- Maintain and review the University accounting, budgeting and reporting system;
- Advise the University on issues in finance, budget and treasury;
- Manage all financial transactions for the students including the issue of debit notes, payment of studentship, etc;
- Conduct cash management including investment of surplus capital, allocate funds for payment, and arrange bank operations;
- Handle all payments including reimbursement of expenses, payments to suppliers, etc;
- Arrange payroll, manage the staff provident fund scheme, calculate and submit professional tax, and check and confirm the compliance of related legal requirements on taxation and relevant finance matters;
- Process refund/transfer of student fees;
- Provide counter service;
- Review and establish guidelines for financial services;
- Review and propose delegation of power by the Finance Management Committee and the Rector;
- Handle the asset registration, disposal and the subsequent disposal process for all the UM assets;
- Conduct periodic UM assets physical count.
